Commercial General Liability Insurance, otherwise known as CGL provides the coverage required for contractors in the construction trades
You need to have liability insurance in case you're sued for damages. You also need vehicle insurance for you trucks and business insurance to protect the property of the business. Almost always your insurers will require that the owner be insured so that they can lessen their risks.
Business liability insurance protects a company's assets from a lawsuit. If a business is high risk or doesn't have enough capital to cover a lawsuit, they should have business liability insurance.
form_title=Business Liability Insurance form_header=Protect your business with the right business liability insurance for your needs. What is the annual revenue of your company?=_ Does your company currently have insurance coverage?= () Yes () No What type of business liability insurance do you need? (Check all that apply)= [] General Liability [] Workers Compensation [] Business Owners Policy (BOP) [] Property [] Professional Liability [] Business Travel [] Business Automobile
General liability.(contractor's)
A small business would need health insurance coverage to offer peace of mind to the owner and workers as it means if something happens they are covered and do not need to worry about expensive hospital bills.
The start-up costs to start a small masonry business would run between $2,500 and $10,000. The largest investments would be tools and insurance. A larger masonry start-up could cost as much as $150,000 or more.
the need for developing insurance business in Nigeria
You will need an insurance license and the associated traiing to open an auto insurance business
dpends on which coverages you need( General Liability,equip.,Auto,workers compensation) and your risk factors,employees,payroll,etc. It could range from $1000 up to six figures.
You need small business in any state. Business insurance is purchased to help you protect the business from lawsuits, damages, claims, etc so it doesn't matter what state you are in. If you have a business that has a location, sales, employees, assets, or good ideas, you need insurance.
You need to have liability insurance in case you're sued for damages. You also need vehicle insurance for you trucks and business insurance to protect the property of the business. Almost always your insurers will require that the owner be insured so that they can lessen their risks.
You need an Insurance License and and Appointment with an Insurance Carrier doing business in New York You need a New York Insurance License obtainable from the New York Department of Insurance. You will also need an Appointment with an Insurance Carrier doing business in New York
form_title=IT Business Insurance form_header=In the IT business, technology is vital to the success of your company. Keep your business and assets safe with IT business insurance. What area of the IT business are you in?=_ Would you like to insure a network?= () Yes () No Do you need all of your business insured?= () Yes () No
Yes, you will need insurance coverage. In most instances, your business insurance will cover equipment leases.
The only time you would not need it is if your personal auto insurance policy already covers you for your business use. If they would not cover then you need to purchase commercial insurance for that vehicle.
Most businesses, even small ones, own valuable equipment or property. If you are a small business owner and you want to protect your investment, you must purchase business insurance. Insurance will help protect you financially if a disaster ever occurs. Business insurance that covers property damage can help ensure that you will be able to reopen if your business is ever damaged by a storm or other catastrophe. Make sure that you compare business insurance rates so that you can pick an affordable policy. Although you do need to protect your business' valuable resources, there is no need to pay more than you need to for insurance.
because its a business